Discussion: Trendy IPOs
When it comes to new companies that begin to sell shares on the stock market, hype can be just as much of a factor as the actual potential of the company. The first time a company issues stock to be purchased by the public, it is called an initial public offering (IPO). Snapchat was heavily hyped when it went through its first IPO, but they were not as successful as they hoped. Upcoming IPOs that some investors are eagerly waiting for include Airbnb, Spotify, Uber, Pinterest, SpaceX, and Dropbox.
Do you think any of these companies will live up to the hype? Or do you think if you invest in them you will become a â€œfashion victimâ€ and lose money from following trends and hype? Give your analysis based both on what you have seen in the news about any of these companies as well as any personal experience you might have had with use of their services.